The offer checked on 11 October

The Italian personal Platinum promotion runs from 7 October to 9 November 2026: 150,000 Membership Rewards points after EUR 14,000 of eligible spending in the first six months from card issue. The previous offer of up to 125,000 points ended on 6 October. The current bonus has one stated spending threshold; opening the card alone does not earn it.

Check eligibility before the arithmetic

The offer targets primary applicants who do not currently hold, and have not held in the previous twelve months, an Amex enrolled in Membership Rewards. Issuance remains subject to the issuer’s assessment. Keep the terms and application date, then verify the issue date that starts the spending window. Another country’s, Business card’s or channel’s promotion does not automatically apply.

Which spending counts

The card fee, cash and advances, penalties, fees and refunded amounts do not count towards the threshold. Plan only necessary, affordable purchases; extra spending to unlock a bonus can consume its value. Track posted transactions and returns, leaving time before the deadline. Bonus posting may take up to eight weeks after the last posted transaction needed to meet the threshold.

Points, statement credit and card cost

Amex says 150,000 points can reduce the card balance by up to EUR 600 through Shop with Points when eligible transactions are selected. The fee is EUR 70 monthly, or EUR 840 over twelve months. With precisely that use of the points, 840 minus 600 leaves EUR 240 in fees before other costs and benefits. This is arithmetic, not guaranteed savings or cash paid into a bank account.

Separate year one from later years

Assess two scenarios: joining with an achievable bonus and keeping the card without repeating it. For award travel, check seats, transfer ratios, taxes and timing before committing points. A high retail ticket price does not establish savings if you would never buy it. The promotion may improve year one, but it does not replace assessing whether the card’s services fit sustainable use.

Cash or points?
Sources & verification · Photography
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October 11, 2026

Photography

Images adapted for format and compression. Full credits and licences are available through the links.